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KUALA LUMPUR: Retail investors stepped up their profit taking on Malaysian equities on Thursday which saw net selling rising to RM38.2mil.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Feb 6.
NEW YORK: Stock markets around the world mostly rose on Thursday as crude oil rebounded, although caution remained following the European Central Bank's surprise decision to strike Greek bonds off its list of accepted collateral.
KUALA LUMPUR: Malaysian palm oil climbed more than 5 percent on Thursday, its biggest single-day gain since October 2010 as the market was buoyed by hopes a plan by the world's top producer Indonesia to increase biodiesel subsidies would make blending profitable and as technicals provided support.
KUALA LUMPUR: Lower oil prices led to fuel subsidy reforms in Malaysia (A3 positive), Indonesia (Baa3 stable) and India (Baa3 stable), supporting their sovereign credit profiles, says Moody’s Investors Service.